Ep. 7: The Secret To Capping Downside Risk From Earnings With Chris Gessel & Justin Nielsen
Investing With IBD
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The Long-Date Option - The Right Move
We picked up the options on February 11th and in February 12th, the company reported earnings. It did not look good at the open. Did not. But by the end of the day, it had recovered all of that ground that it lost. The trade, it might have been 6%. But because it was a half position, you almost take it in half, considering like almost a 3% for a full position.
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